Instinet, the electronic agency securities broker, announced today that it had secured membership in the Helsinki Stock Exchange, allowing Instinet clients direct access to Finnish liquidity.
Instinet Europe Limited’s trading membership of the Helsinki Exchange will commence on Monday. Instinet Europe Limited will trade on the HETI trading system from London.
Commenting on Instinet’s membership, Simon Hutchinson, Director of Global Portfolio Trading Europe at Instinet Europe Limited, said, “Historically Instinet has offered access to Helsinki Exchange through a third party broker, but we are now delighted to announce our membership of Helsinki Exchange giving our clients fast, direct access. This is part of Instinet’s ongoing strategy to offer our customers greater global reach and superior products and services.”
Jouni Torasvirta, Executive Vice President, Helsinki Exchange, says it is a great pleasure to welcome Instinet as a member of Helsinki Exchange. He says: “The increasing number of members enhances the liquidity and transparency of the marketplace in Helsinki.”